Guangnan (Holdings) Limited provides earnings guidance for the nine months ended 30 September 2019. For the period, the company expects consolidated profit attributable to shareholders to be decreased by approximately 55% as compared to that for the corresponding period in 2018, primarily attributable to the net effect of (i) the value of investment properties held by the Group remained stable such that no valuation gains on investment properties were recorded for the current period as compared to valuation gains of HKD 64,193,000 recorded in the corresponding period last year; (ii) the decreased government grants income of an associate, Yellow Dragon Food Industry Co. Ltd., leading to an increase in loss recorded by this associate in the current period as compared to that for the corresponding period last year; and (iii) the increase in selling price and gross profit per unit of tinplate products, despite of the decrease in the sales volume of tinplate products during the current period as compared to that for the corresponding period last year, resulting in turning from a loss into profit for tinplating business.